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Workplace Service Market Valuation Expected to Rise at US$150 Bn over Period 2017 - 2022

The global workplace services market is likely to exhibit a 14.4% CAGR between 2017 and 2022, with the valuation of the market expected to rise from US$76.4 bn to US$150 bn over the timeframe.

Albany, NY -- (SBWIRE) -- 01/03/2018 -- The global workplace service market has exhibited steady growth in the last few years due to growing prioritization of workplace services in a number of sectors. The growing demand for workplace services to enable human workers to focus on their task and thus improve production is likely to be the major driver for the global workplace service market over the 2017-2022 forecast period. The global workplace service market is assessed in the report with the help of detailed assessment of the historical growth trajectory exhibited by the workplace service market in the 2012-2017 review period.

Global Workplace Service Market: Overview

The global workplace service market provides a comprehensive look at the operating conditions of the market by taking a close look at the historical growth figures exhibited by the workplace service market. Growth figures of the workplace service market till 2016 are analyzed in the report to provide readers with comprehensive understanding on the structure and dynamics of the market. The leading companies in the global workplace service market are profiled in the report to impart key information about the competitive dynamics of the workplace service market and the factors likely to affect the operations of market players in the coming years. Segmentation of the global workplace service market is also assessed in detail in the report to provide readers with a clear view of which components of the workplace service market are likely to prosper in the 2017-2022 forecast period.

The global workplace service market is expected to be valued at US$76.4 bn by the end of 2017. According to Transparency Market Research, the workplace service market is expected to rise to more than US$150 bn by the end of 2022, exhibiting a strong 14.4% CAGR therein.

Global Workplace Service Market: Dynamics

The report sheds light on the key factors shaping the growing trajectory of the global workplace service market, enabling readers to formulate market strategies to make the most of key drivers for the market over the forecast period. Key restraints acting on the global workplace service market are also profiled in the report in order to familiarize readers with the major threats to players operating in the workplace service market. This section thus acts as an invaluable repository for players looking to analyze the workings of the workplace service market before making a move.

Growing prioritization of workplace services in the corporate sector is likely to remain a key driver for the global workplace service market over the 2017-2022 forecast period.

The report sheds light on the composition of the global workplace services market by analyzing the leading contributors to the market by various criteria. Reliable factbanks are used to deconstruct the growth patterns of various segments of the global workplace service in the historical review period. This information is analyzed with the help of industry-standard analytical tools to derive reliable projections about the workplace service markets future growth trajectory. The report segments the global workplace service market on the basis of service type, organization type, and end use.

By service type, the global workplace service market is segmented into communication and collaboration management, enterprise mobility management, software licensing and management solutions, monitoring and analytics, desktop and device management, integration services, support services, and other services. By end use, the global workplace service market is segmented into the BFSI sector, healthcare and life sciences, media and entertainment, the retail sector, the aerospace and defense industry, travel and hospitality, government, energy and utilities, and others. On the basis of organization type, the global workplace service market is bifurcated into large enterprises and small and midsized enterprises.

Competitive dynamics of the global workplace service market are analyzed in the report with the help of detailed profiles of major players in the workplace service market. Key strategies of leading players and their product catalogs are also assessed in depth in the report. Leading companies in the global workplace service market include Accenture PLC, IBM Corp., HCL Technologies Ltd., TCS Ltd., Cognizant Technology Solutions Corporation, NTT Data Corp., Wipro Limited, Capgemini SE, Fujitsu Limited, and CDI Corp.